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# January/​February 2017 

Vol. 39 No. 1 

[ 

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](https://www.cato.org/sites/cato.org/files/serials/files/policy-report/2017/1/cpr-v39n1.pdf) 

##### From the Cover 

### [Megaprojects: Over Budget, Over Time, Over and Over ](/policy-report/january/february-2017/megaprojects-over-budget-over-time-over-over)

By Bent Flyvbjerg 

##### Features 

#### [A Policy Agenda for 2017 ](/policy-report/january/february-2017/policy-agenda-2017)

By [David Boaz](https://www.cato.org/people/david-boaz) 

#### [Governors’ Report Card ](/policy-report/january/february-2017/governors-report-card)

#### [The Permission Society ](/policy-report/january/february-2017/permission-society)

#### [Welfare Systems around the World ](/policy-report/january/february-2017/welfare-systems-around-world)

#### [Why Is Liberty Just? ](/policy-report/january/february-2017/why-liberty-just)

#### [Central Banks and Financial Turmoil ](/policy-report/january/february-2017/central-banks-financial-turmoil)

#### [The Inaugural Joseph K. McLaughlin Lecture ](/policy-report/january/february-2017/inaugural-joseph-k-mclaughlin-lecture)

#### [The Feudal System Lives ](/policy-report/january/february-2017/feudal-system-lives)

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